Recent news included a story about how Tony Benn’s archive has been donated to the British Library under the acceptance in lieu of the inheritance tax scheme. The fascinating archive collection was accumulated by the former left-wing politician who died in 2014 over his life-time. It includes a diary he started in his youth, and …
Continue reading “Tony Benn’s Archive Donated – and inheritance tax avoided”
In light of the recent issues arising from the Universal Trustees Limited liquidation, it seems appropriate to set out some guidance regarding trusts. For many people trusts seem very complicated and daunting structures. It is true that Trusts are not simple things but then they were never meant to deal with simple situations. Where the …
Continue reading “What is a Trust?”
Are you confused about the meaning of probate valuations and the impact these may have on an Estate you are dealing with? The term ‘Probate Valuation’ means the value of the assets as at the date of death. A ubiquitous term used throughout an Estate administration but do you really know why these valuations are …
Continue reading “The Significance of ‘Probate’ Valuations and The District Valuer Office Agency”
There is to be a change to the way charities are alerted when money has been left to them in a will, according to a news item on the Civil Society website this week. HM Courts and Tribunals Service (HMCTS) is working with the Institute of Fundraising, the Institute of Legacy Management, Acevo and the …
Continue reading “HM Courts and Tribunals to Change Notification System for Charity Donations”
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